It might be that – in spite of the dismal economic climate – this is the perfect opportunity to start or expand a business. This is especially true if no one is hiring and you are forced to get creative about bringing in an income for you and your family.
But it takes capital to start a business; You are going to need money. And on top of that, you might have suffered a serious dip in your credit score due to lack of income resulting in late payments etc. So the question becomes: How to secure business loans with bad credit? The good news is that the field has been opened up to you with a variety of companies willing to give you what you’re looking for.